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OFFICE OF FINANCIAL AID Child Support Paid Verification Form PARENT 601 Quincy Street Hancock, MI 49930 906.487.7240 or 906.487.7261 Fax: 906.487.7383, Attn: Financial Aid Email: financial aid Finland.edu
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7240 or 906 refers to IRS Form 7240 for individuals or IRS Form 906 for businesses. These forms are used to report information about offshore financial accounts.
US citizens, residents, and businesses with financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file IRS Form 7240 or 906.
To fill out IRS Form 7240 or 906, individuals or businesses need to provide detailed information about their foreign financial accounts, including account numbers, balances, and income earned.
The purpose of IRS Form 7240 or 906 is to report foreign financial accounts to the IRS in order to prevent tax evasion and ensure compliance with US tax laws.
Information such as account numbers, balances, income earned, and the location of the foreign financial accounts must be reported on IRS Form 7240 or 906.
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